Situated in the vibrant Spenard neighborhood, this 8-unit community presents a prime investment opportunity for those seeking high returns, low operating expenses, and straightforward management. Gross annual income: $225K. Annual Op Ex: $48K. NOI: $177K. 8.85% Cap Rate. 4-bedroom units increasing to $2,500/mo upon lease expiration allows for increased ROI for an investor after acquisition.
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